31
May

Brexit? British bosses overwhelmingly say ‘stay’

A survey of 304 senior board members at FTSE 350 companies by Reputation Leaders for The Times and Odgers Berndtson, the recruitment company, suggests that while Brexit could possibly add millions onto their costs, most UK big businesses have yet to invest in contingency plans beyond June 23rd.

Three quarters of FTSE350 board members say it would be better for their business for the UK to remain in the EU. Only 7% say their business would be better off if the UK left the EU.

Executives were critical of the negative uncertainty and economic impact of a potential Brexit. The poor quality of debate was also singled out for criticism